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Updated over 1 year ago, 08/21/2023

User Stats

10
Posts
4
Votes
Eric McArthur
  • Investor
  • Southern California
4
Votes |
10
Posts

27 year old male, 730 credit score, 40% DTI, first time home buyer

Eric McArthur
  • Investor
  • Southern California
Posted

27 year old male, 730 credit score, 40% DTI, no student/car/medical debt, first time home buyer looking for estimated max loan amount

Hello,

I understand that this is a case by case question with many variables involved.

I am a 27 yr old.

I make currently $67,200 gross annually.

I live in CA and am looking to invest out of state in either OH or FL. Looking to invest in multi family rental properties (2, 3, 4 units)

First time home buyer, looking for an investment loan or an FHA loan if I can find something local (unlikely but not impossible).

I understand there are different rules/regulations per state but am looking to get a general idea of what I can expect for a max loan amount to be able to strategize.

Would like to get some internet wisdom before I go through the pre-approval process, shop around for a loan and have it effect my credit score.

Thank you for the time.

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